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Sean D

03/07/12 6:21 PM

#73914 RE: BeachBum #73911

most of those companies are not real companies so 1. they could not afford to do so. 2. they exist solely to profit from those positive claims
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kex0414

03/07/12 6:22 PM

#73915 RE: BeachBum #73911

This is exactly why he should keep his mouth shut! There are more posts about the alleged suit than about the financial content.
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Matthew251430

03/07/12 6:40 PM

#73926 RE: BeachBum #73911

Give us an example of what you mean? This case would be about slander. There is no opposite of that that can be considered in a court room. What are you talking about? LOL!
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Matthew251430

03/07/12 6:42 PM

#73929 RE: BeachBum #73911

I've never heard of a person getting caught up for over praising regardless of there motives except for on a peer to peer lever for brown nosing. LOL!! Other than that your comment makes no sense.
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fear ceoil

03/07/12 6:56 PM

#73941 RE: BeachBum #73911

Positive speculation does not harm a company. The only time that would be a legal issue is if the company is making the claim beyond what the safe harbour statement allows, or its part of a clear P&D scheme the SEC can pursue. The courts aren't interested if someone benefited from someone else's actions, only if there was harm done to a person or to the public good. A rise in share price is seen as causing no harm.

On the other hand, negative statements of fact that are untrue about another company or person causes harm. This harm is a legal injury subject to legal remedies through the courts. One would not want other people making statements that their wife/gf/mom was a prostitute if she wasn't or making unsubstantiated statements about his/her character. A company has the same right to defend itself against the same type of injurious acts. I assume that the statments BRAV is interested in were clearly statements of fact and not opinion.

Fortunately, BRAV has a written record to bring as evidence to the courts. I suspect that if the case was weak they wouldn't be mentioning it. Additionally, this course of action can be seen as a type of temporary revenue stream. Since this is a civil matter this will require the defendant to pay money to the plaintiff in the event of a judgement for the plaintiff.

IMO
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